Market News

Global Home-Shopping Market: Key Developments

In January 2020, Amazon partnered with India’s second-largest retail chai company, Future Retail.
In June 2017, Amazon acquired the grocery store chain, Whole Food.
In October 2020, Amazon expanded its network in India with 10 new fulfillment centers, 5 new sortation centers, nearly 200 delivery stations, and over 100,000 seasonal jobs to meet customers’ demands.
In September 2020, Amazon expanded its operations in Singapore. This online retail is scooping up 90,000 additional square feet of office space in Singapore.
In December 2020, The VGL GROUP OF COMPANIES expanded its presence in third-party marketplaces by listing products on Amazon, eBay, and Walmart in Canada. The company partnered with DHL to fulfil timely deliveries of products in the Canadian market.
In January 2021, The VGL GROUP OF COMPANIES manufacturing unit at the certification under the LEED v4 Building Operations and Maintenance.
In April 2018, 2018, QVC acquired HSN Inc., through a USD 201 billion deal. This acquisition resulted in the creation of the third-largest e-commerce company in the United States, after Amazon and Walmart.
In October 2020, LG launched its Shop Time app, with QVC and HSN. Users can purchase directly from retailers, like QVC and HSN, through the app.